No, I'm deeply disappointed by the Tяump admin so far. He's broken his promises to end wars and lower prices. The rest of this comment is an economic comparison in answer to "Guidance Counselor."
so you slept through the disasters of clinton, obama, and biden. Coma?
DUUUDE!!! Let's look at the numbers!!
JOB CREATION Reagan 16.5 million Clinton 18.6 million Bush 5.8 million Obama 8.9 million Trump NEGATIVE 3 million
YEARLY DEFICIT Reagan $79 billion to $152 billion Clinton lowered our deficit from 255 billion to a $126 billion SURPLUS in 2001 Bush raised deficit from 0 to 1412 billion Obama lowered deficit from 1412 billion to 585 billion Trump raised from 585 billion up to ~4000 billion
DJIA Jan 20 1981, Reagan takes office 946; Jan 20 1989, Reagan leaves office 2235; Up 136% or 11.3% growth per year. Jan 20 1993, Clinton takes office 3242; Jan 20 2001, Clinton leaves office 10588; up 227%, or 15.92% growth per year. Jan 20 2001, Bush takes office 10588; Jan 20 2009, Bush leaves office 7949; NEGATIVE 3.5% per year. Jan 20 2009, Obama takes office 7949; Jan 20 2017, Obama leaves office 19827; up almost 150% over 8 years, or 12.1% per year (1.121^8=2.49). Jan 20 2017, Trump takes office 19827; Jan 20 2021, Trump leaves office 30,930; up 56% over 4 years, or 11.76% growth per year.
I'm gonna argue that the most important economic stat involves employment/unemployment. Interesting how unemployment almost always increases under republicans, isn't it?
Job growth red vs blue
GDP growth red vs blue
For the first time in literally GENERATIONS, real wages are growing for the lower quintile of US workers. And they're growing FASTER under Biden than they did under Obama or Trump. For the first time in GENERATIONS, the lower half of workers are sharing in our economic growth!
There are more than 5,000,000 (FIVE MILLION) more people employed now than during the peak under Trump. Just read the graph.
And the number unemployed is historically low!
Inflation? The pandemic deflation was followed by worldwide inflation; that is now gone.